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In the news
De Ferrari welcomed back into the Credit Suisse fold
Credit Suisse announced Francesco De Ferrari would return to the company as CEO of its wealth-management division and interim CEO of Africa, Europe and Middle East.
Source: Reuters
This follows a raft of appointments to its executive board as the Swiss bank seeks to move on from a torrid year during which it was battered by a stream of controversies and losses.
AMP recruit
De Ferrari, who worked at Credit Suisse between 2002 and 2018, joins after a stint leading Australian wealth-management company AMP.
His appointment comes after Credit Suisse announced a new strategy to curb its investment bankers and plough money into looking after the fortunes of the world's rich.
Source: Reuters
Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.
Go to: https://www.reuters.com/